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  • viraj.catanxs

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    9 months

    Reliance Industries shares are set to give negative returns for the first time in 10 years. Is further downside possible???

    As I mentioned in my [previous post,](https://www.reddit.com/r/IndianStockMarket/comments/1h1rsb1/reliance_near_historical_support_is_a_rebound/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button) Reliance is currently trading near its historical support level, which has acted as a strong base in the past. Despite some volatility, the stock is still holding this key support zone. However, if this level is breached, we could see further downside as breaking a significant support often triggers selling pressure and may lead to a downward move.What are your thoughts on this? Do you see the support holding, or is a breakdown more likely?
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